Los Blancos were staring down the barrel of defeat against Sevilla on Sunday night, but Eden Hazard popped up with an equaliser four minutes into second-half injury time to rescue a 2-2 draw.
However, the title is now Atletico Madrid's to lose as they sit two points clear of Real at the top of the table, while third-placed Barcelona are only behind Zinedine Zidane's men on head-to-head points.
Here, Sports Mole rounds up all of Real Madrid's injury and suspension news ahead of their battle with Granada.
Lucas Vazquez
Status: Out
Type of injury: Knee
Possible return date: Unknown
Lucas Vazquez sustained a serious knee injury in El Clasico last month, and the versatile Spaniard is fighting to be fit before the campaign concludes.
Dani Carvajal
Status: Out
Type of injury: Hamstring
Possible return date: Unknown
Dani Carvajal is nursing a hamstring injury he sustained against Chelsea in the Champions League, and the right-back is not expected to feature again this season.
Raphael Varane
Status: Out
Type of injury: Abductor
Possible return date: May 16 (vs. Athletic Bilbao)
Raphael Varane picked up an abductor problem before the Champions League semi-final second leg with Chelsea, and the Frenchman is not expected back until the weekend at the earliest.
Sergio Ramos
Status: Out
Type of injury: Hamstring
Possible return date: Unknown
The injury-plagued Sergio Ramos has re-entered the treatment room due to hamstring trouble, and with his contract yet to be renewed, he may have played his final game in white.
Ferland Mendy
Status: Out
Type of injury: Muscle
Possible return date: Unknown
Ferland Mendy was fit for last week's trip to Stamford Bridge but missed out against Sevilla due to muscular overload, and it is currently unclear when the French left-back may be able to return.
Alvaro Odriozola
Status: Minor doubt
Type of injury: Thigh
Possible return date: May 13 (vs. Granada)
Alvaro Odriozola played the full 90 minutes against Sevilla as Real's only recognised right-back but reportedly experienced discomfort in his thigh after the game. It remains to be seen how serious the issue is, but he is now a doubt for Thursday.
REAL MADRID'S SUSPENSION LIST
Real Madrid have no players suspended for this match.